Preformed Line Products Stock Price on May 23, 2024

PLPC Stock  USD 128.13  3.66  2.78%   
Below is the normalized historical share price chart for Preformed Line Products extending back to August 07, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Preformed Line stands at 128.13, as last reported on the 20th of June, with the highest price reaching 131.75 and the lowest price hitting 127.72 during the day.
IPO Date
28th of April 1999
200 Day MA
133.9222
50 Day MA
128.376
Beta
0.706
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Preformed Stock, it is important to understand the factors that can impact its price. We consider Preformed Line very steady. Preformed Line Products maintains Sharpe Ratio (i.e., Efficiency) of 0.0557, which implies the firm had a 0.0557% return per unit of risk over the last 3 months. We have found thirty technical indicators for Preformed Line Products, which you can use to evaluate the volatility of the company. Please check Preformed Line's Coefficient Of Variation of 2307.53, risk adjusted performance of 0.0352, and Semi Deviation of 1.62 to confirm if the risk estimate we provide is consistent with the expected return of 0.0971%.
  
At present, Preformed Line's Stock Based Compensation is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 2.5 M, whereas Total Stockholder Equity is forecasted to decline to about 231.8 M. . At present, Preformed Line's Price To Operating Cash Flows Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Cash Flow Ratio is expected to grow to 8.84, whereas Price To Sales Ratio is forecasted to decline to 0.90. Preformed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0557

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Estimated Market Risk

 1.74
  actual daily
15
85% of assets are more volatile

Expected Return

 0.1
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Preformed Line is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Preformed Line by adding it to a well-diversified portfolio.
Price Book
1.4796
Enterprise Value Ebitda
6.0282
Price Sales
0.9107
Shares Float
2.9 M
Dividend Share
0.8

Preformed Line Main Headline on 23rd of May 2024

Trading With Integrated Risk Controls Stock Traders Daily

Preformed Line Valuation on May 23, 2024

It is possible to determine the worth of Preformed Line on a given historical date. On May 23, 2024 Preformed was worth 129.38 at the beginning of the trading date compared to the closed value of 127.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Preformed Line stock. Still, in general, we apply an absolute valuation method to find Preformed Line's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Preformed Line where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Preformed Line's related companies.
 Open High Low Close Volume
  130.86    130.86    124.93    129.08    26,919  
05/23/2024
  129.38    129.38    124.80    127.78    26,892  
  127.77    131.38    127.77    131.38    13,672  
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Open Value
129.38
124.15
Downside
127.78
Closing Value
134.61
Upside

Preformed Line Trading Date Momentum on May 23, 2024

On May 24 2024 Preformed Line Products was traded for  131.38  at the closing time. The top price for the day was 131.38  and the lowest listed price was  127.77 . The trading volume for the day was 13.7 K. The trading history from May 24, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 2.82% . The trading delta at closing time against the current closing price is 6.72% .

Preformed Line Products Fundamentals Correlations and Trends

By evaluating Preformed Line's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Preformed Line's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Preformed financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Preformed Line Stock history

Preformed Line investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Preformed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Preformed Line Products will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Preformed Line stock prices may prove useful in developing a viable investing in Preformed Line
Last ReportedProjected for Next Year
Common Stock Shares OutstandingM4.3 M
Net Income Applicable To Common Shares62.6 M65.7 M

Preformed Line Quarterly Net Working Capital

214.56 Million

Preformed Line Stock Technical Analysis

Preformed Line technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Preformed Line technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Preformed Line trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Preformed Line Period Price Range

Low
May 23, 2024
-1.6  -1.24%
High

 129.38 

     

 127.78 

Preformed Line June 20, 2024 Market Strength

Market strength indicators help investors to evaluate how Preformed Line stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Preformed Line shares will generate the highest return on investment. By undertsting and applying Preformed Line stock market strength indicators, traders can identify Preformed Line Products entry and exit signals to maximize returns

Preformed Line Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Preformed Line's price direction in advance. Along with the technical and fundamental analysis of Preformed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Preformed to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Preformed Stock analysis

When running Preformed Line's price analysis, check to measure Preformed Line's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Preformed Line is operating at the current time. Most of Preformed Line's value examination focuses on studying past and present price action to predict the probability of Preformed Line's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Preformed Line's price. Additionally, you may evaluate how the addition of Preformed Line to your portfolios can decrease your overall portfolio volatility.
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